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<table width="100%" summary="page for DM"><tr><td>DM</td><td style="text-align: right;">R Documentation</td></tr></table>

<h2>DM Dollar Exchange Rate </h2>

<h3>Description</h3>

<p>weekly observations from 1975 to 1989
</p>
<p><em>number of observations</em> :  778
</p>
<p><em>observation</em> :  country
</p>
<p><em>country</em> :  Germany
</p>


<h3>Usage</h3>

<pre>data(DM)</pre>


<h3>Format</h3>

<p>A dataframe containing :
</p>

<dl>
<dt>date</dt><dd>
<p>the date of the observation (19850104 is 
January, 4, 1985)
</p>
</dd>
<dt>s</dt><dd>
<p>the ask price of the dollar in units of 
DM in the spot market on Friday of the 
current week
</p>
</dd>
<dt>f</dt><dd>
<p>the ask price of the dollar in units of 
DM in the 30-day forward market on Friday 
of the current week
</p>
</dd>
<dt>s30</dt><dd>
<p>the bid price of the dollar in units of 
DM in the spot market on the delivery 
date on a current forward contract
</p>
</dd>
</dl>



<h3>Source</h3>

<p>Bekaert, G.  and  R.  Hodrick (1993) &ldquo;On biases in the measurement of foreign exchange risk premiums&rdquo;, <em>Journal of International Money and Finance</em>, <b>12</b>, 115-138.
</p>


<h3>References</h3>

<p>Hayashi, F. (2000) <em>Econometrics</em>, Princeton University Press, <a href="http://fhayashi.fc2web.com/hayashi_econometrics.htm">http://fhayashi.fc2web.com/hayashi_econometrics.htm</a>, chapter 6, 438-443.
</p>


<h3>See Also</h3>

<p><code>Pound</code>, 
<code>Yen</code>, 
<code>Index.Source</code>, 
<code>Index.Economics</code>, 
<code>Index.Econometrics</code>, 
<code>Index.Observations</code>,
<code>Index.Time.Series</code>
</p>


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